| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| GCG FINANCIAL LLC3 Filed as: ALERA GROUP | 177 MILK STREET BOSTON, MA 02109 | BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC | $0 | — | $0 | 0.00% |
| GCG FINANCIAL LLC3 Filed as: BOSTON BENEFIT PARTNERS | 177 MILK STREET SUITE 310 BOSTON, MA 02109 | ALTUS DENTAL INSURANCE COMPANY, INC. | $12K | — | $12K | — |
| Provider | Services | Address | Compensation |
|---|---|---|---|
| BOSTON BENEFIT PARTNERS EIN 04-3422351 NONE | Consulting (general); Direct payment from the plan Service code 16 | — | $145K |
| BRIDGEWAY BENEFIT TECHNOLOGIES NONE | Direct payment from the plan; Recordkeeping and information management (computing, tabulating, data processing, etc.) Service code 15 | 3000 SOUTH LENOLA ROAD MAPLE SHADE, NJ 08052 | $95K |
| EMPLOYEE D EIN 04-1149051 EMPLOYEE | Employee (plan) Service code 30 | — | $85K |
| SEI EIN 23-1707341 NONE | Custodial (securities); Investment management fees paid directly by plan Service code 19 | — | $71K |
| MANZI & ASSOCIATES EIN 04-3508036 NONE | Accounting (including auditing); Direct payment from the plan Service code 10 | — | $68K |
| ROBERT CHEVERIE EIN 06-1335139 NONE | Legal; Direct payment from the plan Service code 29 | — | $58K |
| EMPLOYEE E EIN 04-1149051 EMPLOYEE | Employee (plan) Service code 30 | — | $54K |
| MODERN ASSISTANCE EIN 04-3014253 NONE | Consulting (general); Direct payment from the plan Service code 16 | — | $52K |
| CBIZ EIN 31-1582098 NONE | Direct payment from the plan; Consulting fees; Actuarial; Consulting (general) Service code 11 | — | $36K |
| EMPLOYEE A EIN 04-1149051 EMPLOYEE | Employee (plan) Service code 30 | — | $35K |
| EMPLOYEE C EIN 04-1149051 EMPLOYEE | Employee (plan) Service code 30 | — | $30K |
| PRINTING UNLIMITED NONE | Direct payment from the plan; Other services Service code 49 | 63 PLYMOUTH ST HOLBROOK, MA 02343 | $12K |
| DOCUFREE CORPORATION NONE | Other services; Direct payment from the plan Service code 49 | 1775 FOUNDERS PKWY ALPHARETTA, GA 30009 | $11K |
| DAVIS VISION EIN 11-3051991 NONE | Claims processing; Direct payment from the plan Service code 12 | — | $7K |
| EMPLOYEE B EIN 04-1149051 EMPLOYEE | Employee (plan) Service code 30 | — | $6K |
Benefits declared on the Form 5500 main form (✓ = also has a Schedule A insurance contract; otherwise the benefit is funded out of plan assets or via a Schedule C TPA).
The plan reports several different headcounts depending on which form you read. Each one measures a different slice of the population.
| Active participants | 1,521 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 475 | Continuation coverage (COBRA, retiree health). |
| Total participants (= "Plan participants" tile) | 1,996 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Dental | ALTUS DENTAL INSURANCE COMPANY, INC. | 3,624 | $0 |
| Life insurance | METROPOLITAN LIFE INSURANCE COMPANY | 1,757 | $202K |
| Prescription drug | EXPRESS SCRIPTS, INC. | 422 | $902K |
| Other | METROPOLITAN LIFE INSURANCE COMPANY | 1,757 | $202K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 3,624 | — |
Why the numbers differ. Form 5500 line 6 counts employees + retirees + beneficiaries; no dependents. Schedule A persons-covered counts everyone enrolled, including spouses and children, so it usually exceeds line 6 by 30-60% on a working-age workforce. The medical row is normally the broadest single line because it has the highest take-up; dental/vision/life often dip below it. Stop-loss / reinsurance contracts sometimes report the carrier's full underwriting pool rather than this filer's headcount; the row is shown for transparency but shouldn't be read as "people in this plan."
Primary broker changed. Recently changed advisors; vulnerable to a second-look pitch or hostile takeover.
Broker comp is under 1% of premium on a >$1M plan. Plan may be flying solo or paying a flat fee — consultant sales target.